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financial mathematics An n-year RM1,000 4% annual coupon bond is purchased at RM890 yielding an annual effective rate of i. Given (1 + i) =
financial mathematics
An n-year RM1,000 4% annual coupon bond is purchased at RM890 yielding an annual effective rate of i. Given (1 + i)" = 1.5, determine i using linear interpolation. (8 marks) Step by Step Solution
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